Global economic output is forecast to grow by 2.7 per cent in 2026, slightly below the 2.8 per cent estimated for 2025 and well below the pre-pandemic average of 3.2 per cent, according to the World Economic Situation and Prospects 2026, released by the United Nations on Thursday.
With US President Donald Trump "greenlighting" a bill that would impose 500 per cent tariffs on countries for buying Russian oil, GTRI said in a report on Thursday that any such tariff would effectively shut down India's goods and services exports to the United States, now exceeding USD 120
Indian stock benchmarks settled in the red for the fourth consecutive session on Thursday, weighed down by persistent weak sentiment among investors due to US tariffs and foreign investment outflows.
Following the assumption of office by former US President Donald Trump, a 50 per cent tariff was imposed on Indian exports, pushing several sectors of Indian industry into severe stress.
Virmani said industrial power tariffs in several states are priced well above the cost of production, effectively acting as a tax on manufacturing and job creation. While the central government has addressed many long-standing hurdles through labour law consolidation, tax reforms and regu
Indian equity benchmarks opened lower on Thursday as negative sentiment weighed on markets amid fresh threats of 500 per cent tariffs from the United States, continued foreign portfolio investor (FPI) outflows and rising geopolitical tensions.
US President Donald Trump on Wednesday (local time) said that after prolonged negotiations with senators, congressmen, secretaries and other political representatives, he has decided to increase the 2027 military budget to 1.5 trillion USD from the current 1 trillion USD. Trump said that
Tharoor's remarks came against the backdrop of statements by US President Trump, who said he shared a "very good relationship" with Prime Minister Modi but expressed displeasure over India paying high tariffs and purchasing oil from Russia. Trump claimed that tariffs totalling 50 per cent
"India ordered Apache helicopters and didn't get them for 5 years. PM Modi came to me and said 'Sir can I please see you?' and I said yes," Trump said, while recalling his interaction with PM Modi.
US President Donald Trump on Tuesday (local time) reiterated his good relationship with Prime Minister Narendra Modi; however, he underscored PM Modi's unhappiness over the high tariffs imposed on India for purchasing Russian oil.
Former US National Security Advisor John Bolton on Tuesday described US President Donald Trump's recent threat of imposing additional tariffs on India as a "self-inflicted wound" that caused significant strain in India-US relations, noting that the move showed that the US President doesn'
India's extension of safeguard duties on select steel products will set a pricing floor for imports, but its effectiveness in supporting higher prices ultimately hinges on a recovery in domestic demand, according to a report by S&P Global Ratings.